Phil Ivey’s Life: Net Worth, Biggest Profits, Losses and Private Life

– General Information –

Born February 1,1977 in California and moving soon after to Roselle, New Jersey, Phil Ivey is an American poker player who now lives in Las Vegas. He’s the youngest player ever to win ten WSOP bracelets. In addition, he’s appeared at nine World Poker Tour final tables and won one World Poker Title. As the WSOP record holder for most mixed-game bracelets, he’s been called, variously, “No Home Jerome,” “The Phenom,” and “The Tiger Woods of Poker.” He’s known for successfully throwing his opponents off their game by staring directly into their eyes.

– Key Career Dates –

  • 2000: Became the 1st to defeat Amarillo Slim heads-up at a WSOP final table to win his 1st bracelet.
  • 2002: Won 3 bracelets at the WSOP: 7 Card Stud Hi/Lo, S.H.O.E, and 7 Card Stud.
  • 2005: Won 5th bracelet and was named Poker Player of the Year by All In Magazine.
  • 2006: With the assistance of “The Corporation,” he beat Andy Beal heads-up.
  • 2008: Won a WPT Title in Los Angeles.
  • 2009: Won 6th and 7th bracelets, and was named Poker Player of the Year by All In Magazine.
  • 2010: Won 8th WSOP bracelet.
  • 2011: Filed a lawsuit against FullTilt.
  • 2013: Won 9th WSOP bracelet.
  • 2014: Won 10th WSOP bracelet and the largest single cash of his career in the Aussie Million.
  • 2015: Won the A$ 250,000 LK Boutique Challenge at the Aussie Millions for US$ 1,710,854
  • 2018: Won the HK$ 250,000 Short Deck Ante Only 250K at the Triton Poker Super High Roller Series in Montenegro for US$ 604,992 and came 3rd five days later at the same festival in the HK$ 1,000,000 Short Deck Ante Only 1M for US$ 1,666,480
  • 2019: Finished runner-up in two events at the WSOPE in Rozvadov, Czech Republic in the € 100,000 No Limit Hold’em Short Deck – King’s Super High Roller and the € 50,000 No Limit Hold’em – King’s Short Deck High Roller for a combined US$ 135k.
  • 2020: Won the $ 50,000 Short Deck for US$ 856,050 and came runner-up in the $ 51,000 Short Deck for US$ 525,000 at the partypoker MILLIONS Super High Roller in Sochi, Russia, just two days apart

– Phil Ivey’s Career –

→ Beginnings ←

Inducted into the Poker Hall of Fame in July 2017, Ivey began playing poker when he was only eight years old. His grandfather taught him how to play five-card stud poker with a small wager on the game, usually no more than five cents. As a teenager, he created a fake ID to get into the casinos in Atlantic City. This earned him his first nickname: No Home Jerome.

In the late 90s, Ivey played against his co-workers at the telemarketing firm where he worked. When he went pro at age 20, Negreanu and Greenstein considered him to be a fish because they thought he played too many hands and too loose. Nevertheless, they are now all close friends.

→ Live Tournaments ←

As the 5th most winning poker player in tournaments, Ivey has accumulated over $23,100,000 in tournament winnings over the course of his career.

→ World Series of Poker Bracelets ←

Year Tournament Prize
2000 $2,500 Pot Limit Omaha $195,000
2002 $2,500 7 Card Stud Hi/Lo $118,440
2002 $2,000 S.H.O.E. $107,540
2002 $1,500 7 Card Stud $132,000
2005 $5,000 Pot Limit Omaha $635,603
2009 $2,500 No-Limit 2-7 Draw Lowball $96,367
2009 $2,500 Omaha Hi/Lo + 7 Card Stud Hi/Lo $220,538
2010 $3,000 H.O.R.S.E. $329,840
2013 $2,200 Mixed Event $51,840
2014 $1,500 Eight Game Mix $166,986

His public appearances were few between 2016 and 2018 when his legal disputes over edge sorting were reaching their conclusion. Other than a short appearance at the WSOP in 2016, he was barely visible that year. His WSOP appearances were also scarce – He didn’t even show up at the 2017 edition.

However, good news came in the month of october 2017, when Phil Ivey announced during an interview with Somuchpoker in Beijing that he would soon be back in the game :


→ WPT ←

In the twelve times that he’s competed in the WPT, he made it to the final table nine times, winning it in LA in 2008 for a total prize of $1,596,100.

→ Other Tournaments ←

  • At the Monte Carlo Millions tournament in November, Ivey won the first prize of $1,000,000. Then, he finished first at the FullTiltPoker.Net Invitational Live from Monte Carlo event the next day, taking home another $600,000.
  • At NBC’s Poker After Dark winner-take-all “Earphones Please” tournament on January 22, 2007, Ivey won the $120,000.
  • At the Aussie Millions $250,000 High-roller event on January 29, 2012, Ivey defeated Patrik Antonius heads-up for a prize of AU$2,000,000.
  • At the Aussie Millions LK Boutique $250,000 Challenge for AU$4,000,000 on February 10, 2014, Ivey won AU$4,000,000, which was the largest single cash of his career.
  • At the Aussie Millions $250,000 Challenge in February 15, he won again; this time for AU$2,205,000.
  • The Triton Super High Roller Series have also been an interesting event for Ivey, with a 1st and a 3rd place finish only a few days apart in 2018 in Montenegro for a combined US$ 2.2 million.
  • When visiting the partypoker Millions in Sochi in 2020, Ivey racked up three cashes: a 7th and a 2nd place finish and a win for a total of $1.5 million
  • Finally, at the World Poker Tour National (WPTN) in the Philippines in 2016, Phil won a cash prize of $656,500 when he came in 5th.

→ Live Cash Games ←

For over 15 years, Ivey has been winning some of planet’s biggest poker games. He’s a regular at the Las Vegas Bellagio, most often participating in the $4,000-$8,000 mixed cash games (typically referred to as the Big Game).

In addition, he was a critical player with “The Corporation”, a team of high stakes professionals who joined forces (bankrolls) to take on Andy Beal (a math genius and American billionaire) at a heads-up Limit Hold’em game for enormous sums of money. When “The Corporation” was down $10M to Beal in February 2006, Ivey stepped up his game, winning $16.6M from the Texan over three days during a heads up match at the Wynn Resort. The stakes were $25,000/$50,000 and $50,000/$100,000. This was a sweet revenge after Beal had beaten The Corporation out of $13M earlier that month.


According to rumors, Ivey’s also taken some significant sums of cash from Chinese businessmen who he’s been playing in high stakes cash games in Macau since 2010. He also spent late 2015 and early 2016 playing some big cash games in Manila, and he won USD$656,500 when he finished 5th at the Triton Super High Roller event. 

→ Online Poker ←

Before 2011, Ivey was the biggest online cash game winner ever. He earned a total of $19,242,743 from 2007 to 2011 playing cash games on Full Tilt Poker. According to, Ivey won $1.99 million on FullTilt in 2007, $7.34 million in 2008, $6.33 million in 2009, and $3 million in 2010.

After 2011, Ivey has had a less-than-stellar record. Using the name Polarizing on Full Tilt Poker, Ivey appears to be -$6,317,217 on 217170 hands played from December 2012 to August 2015, and using the name RaiseOnce on Pokerstars, he appears to be at -$6,317,217 on 217170 hands played during the same period.

→ Sponsorship Deals ←

Until April 2011, Ivey received $920,000 per month for his collaboration with Full Tilt Poker, where he was a member of the original design team. After Black Friday, he filed a lawsuit against Tiltware LLC, the company that operates Full Tilt Poker, in order to help recover funds lost by US players due to the company’s actions. He even sat out the 2011 WSOP in recognition of the players who lost money because of Full Tilt. When the company reopened, he began playing under the username Polarizing.

→ Casino Scandals ←

After playing Punto Banco (similar to Baccarat) for 2 nights at the Mayfair Club, Crockfords Casino in London and winning $12M, Ivey ended up suing the casino for not paying him. The casino responded by saying that they refused to pay him and because he  and his playing partner, Cheung Yin “Kelly” Sun used a trick to win, called “edge sorting”. Ivey even admitted as much, claiming that he asked the dealer to rotate the cards 180 degrees in order to exploit asymmetrical pattern differences on the cards and that it was the casino’s fault that he could do that since they used flawed cards and rotated them according to his request. Although he lost the court case, he appealed to the court with the highest jurisdiction in the country, the UK supreme court, who stated in late 2017 that Ivey’s actions were indeed  considered as cheating.

In 2014, Atlantic City’s Borgata Hotel Casino & Spa already filed a $9.6M lawsuit against Ivey over cheating (Edge-sorting), claiming that he exploited playing cards’ manufacturing laws over four sessions in 2012. Borgata went on to win the case and a US court ordered Ivey to repay a total of over $10M. The casino sought to seize these funds in New Jersey but found nothing of value. They subsequently applied to seize assets in Nevada in early 2019 and their request was approved. Few assets were found in Nevada either and so, during the 2019 WSOP, Borgata’s lawyers took things further.

Phil Ivey was leading the $50K Poker Player’s Championship overnight, but the following day he lost his chips very quickly and busted in 8th place. It transpired that during his final day of play, Borgata had been able to gain approval to seize from WSOP any prize money Ivey won, along with any potential bracelet before they ever reached his hands. His $124,410 prize was confiscated, and his future attendance at the WSOP was thrown into question.

– Phil Ivey’s Private Life –

→ Love Life ←

Having met his wife when he was 17, Ivey married his high school sweetheart, Luciaetta, at the Little White Wedding Chapel on Las Vegas Boulevard in Las Vegas on May 19, 2002. They moved to Las Vegas in 2004, where she started to play micro stakes poke. Ivey used to joke that he would return home after losing hundreds of thousands of dollars only to find himself consoling his wife for losing seventy-five cents.

After being married for seven years, Phil and Luciaetta Ivey filed a joint petition for divorce. David Chesnoff, a high-profile divorce attorney and, reportedly, also a great poker player in his free time, represented Ivey, and the divorce was granted on December 29, 2009.

Although his ex-wife Luciaetta received $180,000 per month in alimony from her husband’s Tiltware payments, she claimed the settlement was not fair because “Phil enjoyed the remaining approximately $740,000,” and she tried repeatedly to open the case. Nevertheless, the case remains closed.

In response to his ex-wife’s complaint, Ivey said, “Luciaetta received a purse collection worth more than $1.2 million, jewelry valued at more than $1 million, and over $180,000 a month in alimony as part of the divorce settlement, while he accepted more than $170,000 in credit card debt and more than $15.1 million in gambling and other debt.

Now going by the name of Luciaetta Rich and living in in a 3722 square feet mansion (345sqm)Tampa Bay, Florida in a 3722 square feet mansion (345sqm), she seems to have moved beyond requiring the assistance of Ivey’s alimony payments.

Currently, Ivey is enjoying a long-term relationship with his girlfriend Nellie Garcia, an IFBB (International Federation of Body Building and Fitness) bikini participant and Crossfit competitor since 2012. The couple has been together since 2013, but the public didn’t find out until Garcia posted photos on Instagram while at Phil’s house in Cabo, Mexico. The photos showed the couple visiting with some kids at an elementary school in Vosloorus, South Africa, where they’d been distributing school supplies. Later, she joined him at events in Macau, Las Vegas, and London.

Nellie and Phil in Vosloorus, South Africa | Credits :

→ Business ←

Ivey has founded two companies, both based on poker. The first is Ivey Poker. This is a “play for free” poker app that was established in 2012 to allow users to compete against pros like Ivey. The second is Ivey League, which is a poker training site founded in 2014. The site includes over 30 professional coaches, including Chris Kruk, Patrik Antonius, and Cole South, who are all active coaches.

Additionally, Phil Ivey was asked to make a cameo appearance in a commercial for the 2015 Chrysler 300. He also released a “Poker Masterclass” series this year which offers training to poker players.

→ Net Worth ←

According to HighstakesDB tracking, which is based on 319,285 hands played and total cash game profits amounting to $19,242,744, Ivey is 1st on their list of biggest poker winners.

In September 2019, an interesting story emerged when Daniel Cates and Illya Trincher filed a legal objection to Borgata’s seizure of Ivey’s WSOP Poker Player’s Championship winnings. They claimed that they had a staking deal, which involved  paying 100% of Ivey’s buy in, and as such, a significant portion of his winnings belonged to them. The only realistic reason Phil Ivey would sell 100% of his action is that he has run out of money.

According to, he is worth $100M but these recent developments suggest this figure could in fact be $0.

→ Hobbies & Personal Life ←

Ivey is an avid sports fan. He’s particularly fond of the Los Angeles Lakers, Houston Rockets, and Buffalo Bills, and he’s regularly seen wearing basketball jerseys representing a variety of teams. When he’s not working or watching sports, Ivey enjoys playing video games, prop betting, and golf. He even finished third place in the inaugural World Series of Golf.

View this post on Instagram

Happy birthday @steveaoki

A post shared by Phil Ivey (@philivey) on

Phil is also friend with some EDM artists, he is here pictured with Steve Aoki.

In addition, Ivey is an active philanthropist, giving money to many charitable causes. For instance, he donated $50,000 to Empowered 2 Excel in March 2008. This organization focuses on supporting and providing opportunities for underprivileged children. He also worked with his mother to found the Budding Ivey Foundation to honor his deceased grandfather—Leonard “Bud” Simmons—who taught him to play poker as a child. Bud always told his grandson that every person, just one person, can make a difference, and through the organization Ivey is proving his grandfather’s words to be true today.

The foundation advocates for less fortunate children in America by assisting them with financial, educational, and other situational needs. For instance, they provide scholarships for students in need to advance their higher education, and they heavily support Spread the Word: Nevada’s Story Book Gala, which ensures that children everywhere have access to books. Much of their support goes to children’s literacy projects and programs for feeding the homeless, and at July 3, 2008 charity poker tournament, they raised $260,000, primarily for Empowered 2 Excel. 

– Phil Ivey on Social Media –

  Twitter: 840,000 followers

  Facebook: 263,000 fans

  Instagram: 106,000 subscribers

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